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Showing 8811 - 8820 of 17965 results for "Bank"

RBA questions super fund infra investment

ALICE URIBE  |  THURSDAY, 3 APR 2014
The Reserve Bank of Australia (RBA) has questioned the role of superannuation funds boosting funding for infrastructure investment, saying that it is not appropriate to mandate funds to invest in assets to meet "broader national objectives." In its ...

Market Wrap

AAP  |  THURSDAY, 3 APR 2014
... Rio Tinto had added 10 cents to $64.20, and Fortescue Metals was steady at $5.46. Among the major banks, National Australia Bank had fallen 14 cents to $35.42 after it announced that chief executive Cameron Clyne will retire in August. Commonwealth Bank ...

Prescriptions galore

BENJAMIN ONG  |  THURSDAY, 3 APR 2014

Market Wrap AM

AAP  |  THURSDAY, 3 APR 2014
... projected by analysts, but an improvement on the 178,000 figure for February. Locally, in economic news on Thursday, Reserve Bank of Australia governor Glenn Stevens is scheduled to address the American Chamber of Commerce in Australia (AMCHAM) business ...

NAB CEO Clyne to retire

ALICE URIBE  |  THURSDAY, 3 APR 2014
National Australia Bank chief executive A and managing director Cameron Clyne is to step down from the bank in August this year, to be replaced by Bank of New Zealand boss Andrew Thorburn. Clyne said that the job had taken a personal toll and it was ...

Market Wrap PM

AAP  |  WEDNESDAY, 2 APR 2014
... cents at $64.30, and Fortescue Metals was 11 cents higher at $5.42. The major banks were mostly higher. National Australia Bank was up eight cents at $35.50, Westpac had put on three cents at $34.62, ANZ had firmed seven cents at $33.14, while Commonwealth ...

Thinktank launches LRBA loan service

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
Property loan specialist Thinktank has launched a limited recourse borrowing arrangement (LRBA) loan for self-managed super funds (SMSFs). The Thinktank SMSF Commercial Loan offers loan-to-value ratios of up to 75% and 25 year repayment terms. The maximum ...

Bank complaints over TV ads seek to "stifle" competition: ISA

LAURA MILLAN  |  WEDNESDAY, 2 APR 2014
... new 'Compare the Pair' television commercials. ISA deputy chief executive Robbie Campo told Financial Standard that "the bank-owned retail funds are seeking to stifle competition on the basis of net returns." Campo argued that the 'Compare the Pair' ...

Better than good

BENJAMIN ONG  |  WEDNESDAY, 2 APR 2014
... unleash more money to offset the expected "bad" after-effects of the higher consumption tax. So it is with the European Central Bank (ECB). It might be biding it's time, but markets are left without a doubt that it would announce its own form of stimulation ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
Commonwealth Bank (CBA) is asking the Financial Systems Inquiry to remove super from awards and to amend legislation so employers can select any MySuper product as the default fund for their employees. In a submission to the Murray inquiry, CBA said ...